Is Springport, IN 47386 a buyer’s or seller’s market?
Springport is a seller’s market. With about 3.2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Springport housing market right now
In the three months ending August 31, 2026, 50% of homes in Springport, IN 47386 sold above their list price, the typical home went under contract in 10 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (4 days then) and the median sale price rose 17% to $159,431. Overall, Springport is about as competitive as it was a year ago.
Within Henry County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Straughn 47387 (0% sold over asking) or Spiceland 47385 (0% sold over asking).
Run the numbers for 47386
Nearby markets
Kennard 47351Seller’s market $131 /sq ftKnightstown 46148Balanced $128 /sq ftLewisville 47352 $83 /sq ftMiddletown 47356Seller’s market $124 /sq ft Browse all markets →Towns like Springport nearby
Find towns like Springport in other states →Where Springport is
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Questions about Springport real estate
Is Springport a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Springport, IN 47386 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Springport?
The typical home went under contract in 10 days in the latest three months.
Do homes in Springport sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Springport?
About 0.73% of a home’s value a year in Henry County, or roughly $2,920 on a $400,000 home.
What is the median home price in Springport?
The median sale price was $159,431 in the three months ending August 31, 2026, about $92 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology